An artificial intelligence market is a new player – Arabic Sheikh, ready to attract trillions of dollars

< img src = "/uploads/blogs/d6/e4/ib-fqj73ha8j_deed256b.png" Alt = "A new player-Arab Sheikh is appeared in the artificial intelligence market, which is ready to attract trillion dollars"/~ 62 < P > In the artificial intelligence market, a new player is gaining momentum: entrepreneur Takhnun Bin Zaid Al-Nahayan with Abu Dhabi. It is going to spend on a si of more than $ 1.5 trillion, and do it quickly to get around competitors, writes & nbsp; lb.

< p >Sheikh, who is the UAE National Security Advisor and Brother Cron Printz and the President, seeks to bring the Emirate to the advanced in the development and control of artificial intelligence systems. 56-year-old Takhnun heads two Abu Dhabi investment funds with assets of about $ 1.4 trillion and has its own huge wealth.

< P > It manages the MGX artificial intelligence fund, which can receive more than $ 50 billion from Takhnun's own wealth and from other sources. Another billions of dollars will give the controlled sheikh company Group 42.

< p > & ldquo; Takhnun enterprises are part of more than $ 70 billion that the UAE has promised to invest in France and Italy early this month. Last month, MGX was one of the few mentioned names that support Stargate & ndash; The project of the data center worth $ 100 billion, which was announced in the White House, headed by Softbank and Openai. He also signed serious checks for Openai, XAI mask and supported Amazon Anthropic & Rdquo ;, & ndash; reported journalists.

< p > in their opinion, such huge investments in AI are somewhat risky. The inexpensive MI model from Chinese Deeseek sharply shakes the need for great investment. Leading artificial intelligence companies expect a billion dollars' losses over the coming years, while promises of future profitability are based on foggy assumptions.

< p > But the Arab Sheikh & ndash strategy; It is the use of money and impact not only to make the UAE and Abu Dhabi profit from the use of AI, but also to make emirates a global slave of technology. He believes that new Data Centers and Local Shi Companies can build a post-doft economic future.